Pioneers in Healthcare IT
thin margins, the revenue cycle -- specifi cally receivables man- agement -- has come under intense scrutiny. With continual regulatory changes in healthcare including RAC audits and pay- for-performance, it is becoming more difficult for hospitals to stretch their dollars. Every dol- lar collected, either through third-party or self-pay payers becomes as criti- cal to a hospital’s survival as the quality of patient care provided. It is a compound- ing problem that challenges CFOs of hospitals every- where – collecting dollars for patient care as efficient- ly and quickly as possible, all while
trying to improve the bottom line. At Ontario Systems, we worked with some of the nation’s top 100 hospitals to increase cash fl ow and reduce costs, resulting in an improvement of their overall revenue cycle performance. “With such a high volume of accounts and a literal maze of systemic roadblocks, there are few industries with more pressing revenue cycle demands than healthcare,” said Ontario Systems CEO Tony Reisz. “That’s why we developed Artiva® Healthcare. It’s a complete, robust and easy-
s hospitals are continually chal- lenged to improve patient care, reduce costs and improve cash flow while operating on razor-
of Publishing Excellence
Who’s Managing Your Revenue Cycle?
to-use revenue cycle management solution that helps our health care clients improve both effi ciency and collections. bottom-line valuable.”
Ontario Systems’ Artiva Healthcare is designed to en- hance rather than replace a hos- pital’s patient accounting system. By keeping self-pay collections in-house, Artiva Healthcare en- ables hospitals to retain control of the patient relationship, iden- tify trends before they become problems, reduce write-offs and days outstanding, improve produc- tivity, increase col- lections and focus on patient care. Ontario Systems also takes revenue cycle manage- ment to the next level with Reve- nue Performance Optimization, a suite of comple- mentary consult- ing services that
gives hospitals access to not only the best technologies in the industry, but the best think- ing and best practices as well. It’s a one-two punch that leads to knockout performance and championship productivity.
To find out how Ontario Systems’ Artiva Healthcare and Revenue Performance Optimization can improve your revenue cycle management, call 800.283.3227 or visit us on the Web at www.ontariosystems.com.